The action is included in a list of initiatives associated with Bill 66, the proposed Restoring Ontario's Competitiveness Act, even though none of the bill's dozens of legislative amendments pertain to the Assessment Act.

It's estimated that equitable apportionment could push residential rates 2.2 per cent higher than the proposed 1.8 per cent increase for fiscal year 2020, while commercial rates would drop and industrial rates remain the same.

An analysis of 62 companies reporting portfolios of at least 10 million square feet to Canadian Property Management's 2017 Who's Who in Canadian Real Estate survey finds two female CEOs, three COOs and 17 CFOs.

The newly released textbook packages universal principles and domestic context into one 500+-page compendium devised to impart a grounding in real estate fundamentals, transactions and the multidisciplinary oversight of income properties.

Sixteen Canadian organizations accounted for more than 337,000 megawatt-hours or nearly 42 per cent of electricity savings tallied in North America, while 162 GRESB participants in the United States delivered the remainder.

The reclassification from an industry group within the financials sector formally occurs on September 1, and will also introduce a new term for real estate investment trusts (REITs), which will become known as Equity REITs.

Mould is a common problem, particularly in buildings with damp basements or after a flood. Though mould exists everywhere, amplified mould growth can cause severe health problems and lead to costly damages, including litigation.